England’s recent lacklustre performances seem to be down to loss aversion – where the pain of losing is more intense than the satisfaction of winning.
Articles on Loss aversion
Displaying all articles
Remembering his immense contributions to psychology and economics.
We are easy prey for drip pricing, the practice of incrementally disclosing unavoidable additional fees, squeezing our wallets and feeling unfair.
Australians’ average subjective well-being has barely deviated over the past few years. But there have been some remarkable changes among disadvantaged groups.
A new study claiming to debunk this core part of behavioural economics suggests we really need a new and improved model for loss aversion.
Treasury modelling suggests that limiting negative gearing will lead to small change in prices. But behavioural economics shows it all depends on how the policy is framed.
A class tries an experiment on motivation. What do they learn?
Top contributors
-
Associate Dean Research/Professor in Economics, UTS Business School, University of Technology Sydney
-
Associate Dean of Graduate and Professional Studies and Professor of Marketing at Point Loma Nazarene University (NOT at California State University San Marcos; system is apparently glitched and cannot change my affiliation), California State University San Marcos
-
The University of Queensland
-
Senior Research Fellow, School of Psychology, Deakin University
-
Professor, Psychology, Deakin University
-
Epidemiologist & Project Officer, Centre for Social and Early Emotional Development, Deakin University
-
Senior Research Fellow, Australian National University
-
NHMRC Principal Research Fellow and Director SEED Centre for Lifespan Research, Deakin University
-
Research Fellow and Psychologist, Deakin University
-
Reader in Psychology, Edge Hill University
-
Professor emeritus, Deakin University
-
Professor of Behavioural Science, Warwick Business School, University of Warwick
-
Professor, Clinical Psychologist, and NHMRC Leadership Fellow, Deakin Lifespan Institute, School of Psychology, Deakin University
-
PhD candidate, Psychology, Deakin University